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How to Purchase Stellar (XLM) Using Binance-Peg BUSD (BUSD) in China

To buy Stellar using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the XLM/BUSD trading pair. Create an account, complete the KYC process to verify your identity, and deposit your BUSD into your exchange wallet. Locate the XLM/BUSD pair on the trading platform and place an order to exchange your Binance-Peg BUSD for Stellar. If the XLM/BUSD pair is unavailable, you can first exchange Binance-Peg BUSD for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Stellar. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.

How to Exchange Stellar (XLM) for Binance-Peg BUSD (BUSD) in the Chinese Market

To sell Stellar for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the XLM/BUSD trading pair. Create an account, complete the identity verification process, and deposit your XLM into your exchange wallet. Locate the XLM/BUSD pair on the trading platform and place a sell order to exchange your Stellar for Binance-Peg BUSD. If the XLM/BUSD pair is unavailable, you can first sell Stellar for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Binance-Peg BUSD. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.